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Highest Open / Lowest Open Trade

  • #6,841
  • Sep 28, 2016 2:49am Sep 28, 2016 2:49am
GJ alert
for a H1 1-2-3
It takes courage to grow up and become who you really are - E.E. Cummings
  • #6,842
  • Sep 28, 2016 2:50am Sep 28, 2016 2:50am
GBPCAD There's not a lot of room here yet but it could throw up something, especially southwards...

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  • #6,843
  • Sep 28, 2016 2:52am Sep 28, 2016 2:52am
EURCAD Need to wait a bit but maybe something going the other way here...

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  • #6,844
  • Sep 28, 2016 2:55am Sep 28, 2016 2:55am
GBPJPY Another we have to be patient with but could be worth it...

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  • #6,845
  • Sep 28, 2016 3:00am Sep 28, 2016 3:00am
EURJPY Yesterday's pivot makes this interesting...

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  • #6,846
  • Sep 28, 2016 3:05am Sep 28, 2016 3:05am
AUDCAD At first looks promising...

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...but the bigger picture is just...not so much...extreme caution advised...

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  • #6,847
  • Sep 28, 2016 3:07am Sep 28, 2016 3:07am
USDJPY This could be more like it...

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  • #6,848
  • Sep 28, 2016 3:10am Sep 28, 2016 3:10am
AUDCHF Mixed messages here but price action (sorry, PtG ​) would suggest a drop is coming...

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  • #6,849
  • Sep 28, 2016 3:12am Sep 28, 2016 3:12am
NZDJPY mmmmmm...

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  • #6,850
  • Sep 28, 2016 3:16am Sep 28, 2016 3:16am
GBPUSD That spike gives us a bit of room now...

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  • #6,851
  • Sep 28, 2016 3:17am Sep 28, 2016 3:17am
Quoting PippyTheGrt
GJ alert for a H1 1-2-3
Cheers for that.
  • #6,852
  • Sep 28, 2016 6:11am Sep 28, 2016 6:11am
TRADE #2

Pair: USDCAD

Position: Short at 1.3228 (H1 Higher Open 1.3228)
SL at 1.32352
Risk: 7.2 pips
Entry: Stop order at 1.3228
Exit: by SL at the ask price (1.32278)
Position size: 0.10 lot
Trade duration: 00:11:28
P/L: +1,0 pips (0,15 $) *include commision
Spread: 0,9-1,1 pips

Entry:
Attached Image (click to enlarge)
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SL moved to BE+1pip
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Trade Summary:
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  • #6,853
  • Sep 28, 2016 6:12am Sep 28, 2016 6:12am
HoLo work fine for me. Five trades,five wins in a row. Thanks TooSlow & Crew

Pips this week:
AUDUSD - 1
USDJPY - 1
USDCAD - 10
AUDUSD - 1
NZDUSD - 10

Sorry,but I don't post actual screens. Usually after trade open,I using ea for posittion control. (+5 pips lock 1 pip profit,TP is 10 pips)
I don't sit at computer all day.
This is my screen from today morning:
Attached Image (click to enlarge)
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  • #6,854
  • Sep 28, 2016 6:12am Sep 28, 2016 6:12am
When there are trades close to the high or low of the day where would you put your stop loss? Would you still use the high and low even though they're only a couple of pips away, audusd today:

Attached Image (click to enlarge)
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  • #6,855
  • Sep 28, 2016 6:27am Sep 28, 2016 6:27am
Quoting lemercenaire
{quote} Welcome aboard. Don't overthink things. HOLO does what it does. There is no need to try and label it as one thing or another. Forget about trends/counter-trends and retracements, at least initially. Take the time to go read Post #1...Treat the method with respect, don't look for shortcuts here - read the thread...then read Post #1 again. Take the 10-trade challenge and get a real feel for the method. Clear your mind of all else, it's just clutter and noise. Follow the rules. See what happens. Build on that. As for indicators, everything...
Good stuff
May have to add this to Post #1.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,856
  • Sep 28, 2016 6:29am Sep 28, 2016 6:29am
Quoting lemercenaire
GBPUSD That spike gives us a bit of room now... {image}
What are the yellow and blue dash-dot lines?
Did I miss something?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,857
  • Sep 28, 2016 6:32am Sep 28, 2016 6:32am
Quoting drone
i want to thank you for discussing and disclosing this beautiful strategy. i am following your thread from last few days and i consider your strategy one of the best as it captures the top and bottom of the wave. it can be further a robust to capture a big chunk of pips if we use it for retracement so that trade follow the trend. Otherwise it is good for scalping against the trend with caution. On the images you show, there is an indicator showing the all time frames with different colour, if you dont mind, can you pl share[/highlight]...
The indicator is from another "galaxy".
The buttons are used to change the chart period.
The colors are the current candle color.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,858
  • Sep 28, 2016 6:34am Sep 28, 2016 6:34am
Quoting Wholesome
When there are trades close to the high or low of the day where would you put your stop loss? Would you still use the high and low even though they're only a couple of pips away, audusd today: {image}
Either the trade moves in your favor or against you.
How many pips do you want to lose?
Is 4 or 5 too little for your taste?
Do you prefer to lose 10 or more?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,859
  • Sep 28, 2016 6:42am Sep 28, 2016 6:42am
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,860
  • Edited 9:17am Sep 28, 2016 6:58am | Edited 9:17am
HOW TO DEVELOP JEDI-LIKE CONCENTRATION

The great challenge of our time is to strengthen our top-down attention (our ability to concentrate), while weakening our reflexive attention (our tendency to become distracted). Therefore, developing your powers of concentration involves two components: reclaiming attention through reducing distractions, and retraining your mind through concentration exercises.

Reclaiming attention involves taking an inventory of all the avoidable distractions that surround you, then reducing or eliminating them. These are lifestyle changes, usually small and incremental, that add up to a huge difference over time, because they help keep you focused on a daily basis.

Retraining your concentration involves a specific set of Mind Games that will help you not only calm the mind by also harness its power. Your success with mind hacking will depend largely on how seriously you take these games and how deeply you integrate them into your lifestyle. Everything else builds on these games: they're your mental fundamentals.

- John Hargrave




http://www.mindhacki.ng/content/my_story/index.html
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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